The Late Roman Empire category covers the final years of the Roman Empire as a united realm; from the ascencion of Valentinian I on 364 AD to the death of Theodosius I in 395 AD, the last emperor to rule both the western and eastern parts of the empire.

This is not to say that the Empire was united during this period of history; the brothers Valentinian I and Valens ruled separate halfs of the empire in a fashion superficially similar to the brothers Honorius & Arcadius, the sons of Theodosius I. Still, Valentinian dynasty and Thodosius I represent the last competent emperors who even attempted to pursue policies which benefitted both halfs of the Empire and after their deaths the two halves would drift slowly but surely apart.

Militarily, this period was characterized by the invasions and revolts of the Goth with the disastrous Battle of Adrianople at the center of the stage; Valens was killed alongside two thirds of the Roman army. The goths would have free access to plundering the countryside for years, and much of the Roman army would henceforth consist of Germanic mercenaries. This would lead to further problems down the road, especially in the West.

Reverse:VRBS ROMA, Roma seated left on cuirass, holding Victory on globe and resting on reverse spear

Diameter: 18 mmDie Orientation: 6 HWeight: 1.93 g

Gratian was just seven years old when his father, Valentinian I, made him co-emperor of the western Roman empire. Following the sudden death of his father, Gratian, now sixteen, found himself solely in charge. He was an early supporter of Christianity and did his best to stamp out old Pagan traditions wherever possible.
This beautiful siliqua was minted in Augusta Treverorum (modern day Trier in Germany), which was operational from around AD 291. On the reverse, under the figure of Roma, we can see the mintmark TR for Trier. This is followed by PS, for pusulatum, and indicates that the metal is refined silver. Over time the coin has toned and developed a stunning rainbow-like iridescence.
Ex. Naville Numismatics, Auction 32; Lot 584

REPARTIO FEL TEMP=something to the effect of "Restoration of the Happy Times", there is great debate on this as it sounds very odd, this is a literal translation, a saying we might equate it to is something like "Happy Days are Here Again"